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So please tell me, who's getting rich on the cow?
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<blockquote data-quote="Lucky" data-source="post: 1742381" data-attributes="member: 32659"><p>I don't doubt the packers are making a killing. The sheer margin they run would make them money. I bought bulls from a man whos FIL was an order buyer. He said he hoped to make $10 a head. $10 doesn't seem like much but he was hitting 3-4 sales a week and turning 7,000 head a year.</p><p></p><p> Beef goes through allot of hands before it goes through the grocer at $15 a pound. Everyone hates the packers but most can't manage a 50 cow herd much less a huge meat packing facility. Can you imagine the cost just in keeping beef cold from the time it's slaughtered until it gets to your house.</p><p></p><p> I think the key for producers to make money is stocking rates, quality cattle, and just keeping the calves longer. If you can grow them right @ 825# it takes the profit from 2 other operations, buyers, salebarns, and trucking companies. This goes in your pocket instead of theirs. </p><p></p><p> The shame of the deal is every beef market except the producer and the feedlot just mark up the product a certain percentage. If they paid us $6 a pound the others would still make the same. Kinda like gas. <img class="smilie smilie--emoji" loading="lazy" alt="😕" title="Confused face :confused:" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f615.png" data-shortname=":confused:" /></p></blockquote><p></p>
[QUOTE="Lucky, post: 1742381, member: 32659"] I don't doubt the packers are making a killing. The sheer margin they run would make them money. I bought bulls from a man whos FIL was an order buyer. He said he hoped to make $10 a head. $10 doesn't seem like much but he was hitting 3-4 sales a week and turning 7,000 head a year. Beef goes through allot of hands before it goes through the grocer at $15 a pound. Everyone hates the packers but most can't manage a 50 cow herd much less a huge meat packing facility. Can you imagine the cost just in keeping beef cold from the time it's slaughtered until it gets to your house. I think the key for producers to make money is stocking rates, quality cattle, and just keeping the calves longer. If you can grow them right @ 825# it takes the profit from 2 other operations, buyers, salebarns, and trucking companies. This goes in your pocket instead of theirs. The shame of the deal is every beef market except the producer and the feedlot just mark up the product a certain percentage. If they paid us $6 a pound the others would still make the same. Kinda like gas. 😕 [/QUOTE]
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So please tell me, who's getting rich on the cow?
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